The GreatBanc Difference
More ESOPs choose GreatBanc than any other trustee.
But why?
We start with that very question.
“Why. Why an ESOP for your company?”
It’s one of the first things we ask when meeting a potential client. We’ve found that the answer to this question is THE BEST indicator of an organization’s ESOP viability and future potential as an employee-owned company. Our most successful clients are ones that put their people first. We’re looking for partners who want to empower their team and make their workplace a community. We’ve prioritized working with change makers; we think our results speak for themselves.
We’re bringing pride, passion, and community back to the workplace.
Work looks very different today than it did for our parents—and no, we don’t mean virtual meetings and smartphones. The culture of work itself has shifted.
Not long ago, it was common to meet someone proudly wearing their company hat, eager to share stories of 30 years spent working with lifelong friends at a company that felt like home. But today, those stories are few and far between.
Somewhere along the way, work became nothing more than a paycheck. And we think that’s a loss for employees, for businesses—for everyone. Work used to be something that connected us and shaped us, but it doesn’t feel like that’s the case for most anymore.
So… what happened?
Businesses have become more scalable, efficient, and profitable than ever. Unfortunately, unprecedented growth comes at a cost. Acquisitions have become all but inevitable, and with them comes a sharp focus on returns and cost-cutting—especially jobs. It’s no wonder employees feel undervalued when they’re being treated like an expense rather than of the beating heart of the business. Job hopping has become a survival tactic, not a choice, and the result is a loss of workplace community and pride.
The good news? There’s a proven way to fight back: employee ownership.
At GreatBanc, we believe employees deserve to feel valued, supported, and proud of what they do. If there’s one thing we’ve learned over our 35+ years in the business, it’s that companies thrive when their people do. Giving employees a stake in the wealth they’re creating is the best way to do that.
We help organizations unlock their full potential by empowering employees to think and act like owners. As an employee-owned company ourselves, we know exactly what it takes to become an ESOP and the benefits it brings with it.
What sets us apart
ESOP Focus.
We are NOT part of a larger financial institution or investment bank. Employee Stock Ownership Plans account for about 90% of our business.
Standing the test of time since 1989.
We are the largest and longest-serving institutional ESOP trustee in the business.
Breadth of experience.
We serve as a trustee for public and private ESOPs of all sizes across all major business sectors.
The GreatBanc Difference
Small, responsive service teams backed by specialized support teams
Team members with an average of 20+ years’ experience in retirement plan management
Multidisciplinary expertise in valuation, compliance, governance, administration, financing, and more
Team-based structure that reduces risk and ensures continuity and consistency
Comprehensive internal processes more rigorous than regulators demand
Pillars of Our Client Experience
Simplicity
Dedicated points of contact
Easy-to-understand deliverables
Safety
Protection of client data
Rigorous documentation standards
Proactivity
At the forefront of industry trends
Early and consistent communication
Planned checkpoints, milestones, and meetings
Guidance
Multidisciplinary expertise
Compliance and certification
Peer review and redundancy
Ready to experience the GreatBanc difference?